Page 3718 - Week 08 - Thursday, 19 August 2010
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Aussie Junk matter, the liquidator was responsible for implementing this process. The Department understands that the liquidator did in fact follow this process.
On 31 July 2009, a Notice of Disclaimer of Onerous Property was lodged with the Australian Securities and Investments Commission. The liquidator provided further advice that this disclaimer applied to stock and shop fittings. The Department’s records indicate as follows.
• The liquidator asserted possession over some assets.
• Former staff members from Aussie Junk that made out claims over goods to the liquidator and had those items released to them.
• Aussie Junk customers who had purchased but not collected goods prior to liquidation made out claims to the liquidator in the first instance and had those items released to them.
• The Department released some other items to customers who asserted their reasonable claim over stock purchased prior to liquidation.
• Remaining stock, which belonged to the Territory due to the liquidator’s disclaimer, was assessed. Stock assessed as having no resale value was recycled or discarded. Stock assessed as having resale value was retained and became initial stock for the new reusables facility operator.
• Fittings were repaired, removed or retained depending on their condition.
Any further questions about the liquidation should be directed to the liquidator. The Department did not administer that process and cannot provide definitive advice.
4) The Territory incurred expenses of around $148,400 as a result of the termination of Aussie Junk. Most of these expenses were repairs to the facility. clean up of the facility and staffing costs to keep the facility open for the acceptance of reusables. until a new contract was awarded These expenses also included outstanding site rental owed by Aussie Junk and outstanding commercial landfill charges owed by Aussie Junk.
The Territory has spent money approximately $50,100 on upgrading the reusables facility at Mugga including repairs and improvements to the storage yard, signage, additional shelving, security screens on windows and a sales counter.
At Mitchell approximately $39,500 has been spent on upgrading the reusable facility with a new sales office, additional shelving, a shipping container for material storage and electrical upgrades.
(5) Prior to March 2009, on-site contractors (Thiess Services at Mitchell and Aussie Junk at Mugga Lane) received, handled and stored paint dropped off by residents at collection points. These services were performed under contract. Chemsal then collected the paint under similar arrangements as under the current contract.
(6) Chemsal weighs and records paint on collection. Chemsal weighed and recorded paint on collection under prior arrangements.
(7) Under the arrangements outlined at (5) – (6) above, no paint is disposed of at Mugga Lane and Mitchell and none was disposed of over the last five years. Paint is recycled.
Over the past five years the following amounts of paint were received and recycled at Mugga and Mitchell: (NB: 1 Tonne = Approx 1000 Litres)
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